Xerox Holdings has appointed interim CEO Steven Bandrowczak as its new chief executive officer to replace the late John Visentin. "I see great potential for our company," Bandrowczak said.
Bandrowczak joined Xerox in 2018 as the company’s president and chief operations officer. He’s served as Interim CEO since the passing of John Visentin in June 2022.
As president and COO, Bandrowczak was responsible for developing a global operations strategy for Xerox’s Software and Innovation businesses, as well as the company’s business support functions, including business strategy, product and service delivery, customer billing, and information technology.
Xerox chairman James Nelson said: "Steve has a proven track record of delivering results by leveraging digital platforms to drive market share and increase profitability. He also has continually stepped up when Xerox needed him most and demonstrated his ability to lead with passion and empathy. The Board has full confidence that Steve is the right leader to move Xerox forward.”
“I am humbled by the board’s decision to appoint me as Chief Executive Officer,” said Bandrowczak. “I see great potential for our company, and I’m honoured to work alongside all of my Xerox colleagues as we build momentum toward the future.”
Bandrowczak joined Xerox in 2018 from Alight Solutions, where he was the chief operating officer and chief information officer. He previously served as senior vice president for Global Business Services at Hewlett-Packard and held leadership positions for multi-billion-dollar global companies Avaya, Nortel, Lenovo, DHL and Avnet.
Xerox last month reported a 2nd quarter loss and revenue decline due to inflation and supply chain challenges.
